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Fly News Breaks for January 29, 2020
EA
Jan 29, 2020 | 07:11 EDT
Credit Suisse analyst Stephen Ju raised his price target for Electronic Arts to $123 from $118 ahead of quarterly results. With Chief Studios Officer Laura Miele working to improve product quality and some of the initial positive results starting to show in Jedi: Fallen Order, the analyst feels more comfortable "taking off the handbrakes" on some of his previously slashed unit volume estimates for various franchises. Ju has an Outperform rating on the shares.
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